Virginia Heritage Bk (VGBK) 28.0750 $VGBK
Cardinal Financial Corporation Announces Plans to Acquire Gainesville Office of Virginia Heritage Bank
Business Wire - Tue Sep 02, 2:42PM CDT
Cardinal Financial Corporation (Nasdaq: CFNL) ("Cardinal" or the "Company"
, the holding company of Cardinal Bank, announced today that Cardinal Bank has signed a definitive agreement with EagleBank to acquire the current Gainesville, Virginia branch office of Virginia Heritage Bank.
Eagle Bancorp, Inc. Announces Completion of Subordinated Notes Offering
GlobeNewswire - Tue Aug 05, 1:27PM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company" , the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had completed the public offering and sale of $70 million of its 5.75% Subordinated Notes due September 1, 2024 (the "Notes" . The Notes were sold at par, resulting in net proceeds, after underwriting discounts and commissions, of approximately $69.2 million.
Eagle Bancorp, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering
GlobeNewswire - Thu Jul 31, 11:15AM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company" , the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had set the price for its public offering of $70 million of its 5.75% Subordinated Notes due September 1, 2024 (the "Notes" . The Notes have been offered to the public at par. Based upon the pricing and demand for the Notes, the Company elected to increase the aggregate principal amount of the Notes to $70 million from the previously announced amount of $55 million.
Eagle Bancorp, Inc. Announces Commencement of Subordinated Notes Offering
GlobeNewswire - Tue Jul 29, 6:40AM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company" , the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had commenced a public offering of $55,000,000 of its Subordinated Notes, due September 1, 2024.
Virginia Heritage Bank Reports Solid Second Quarter Earnings
Business Wire - Fri Jul 25, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced its financial results for the three and six months ended June 30, 2014.
CORRECTING and REPLACING -- Eagle Bancorp, Inc. Announces Record Quarterly Earnings of $12.9 Million, With Assets Exceeding $3.9 Billion
GlobeNewswire - Tue Jul 22, 5:05PM CDT
In a release issued under the same headline earlier today by Eagle Bancorp, Inc. (the "Company" (Nasdaq:EGBN), the parent company of EagleBank, please note that in the Consolidated Average Balances, Interest Yields And Rates (Unaudited) table for the Three Months Ended June 30, 2014, the TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY Average Balance should read $3,853,441, not $38,534,441 as previously stated.
Eagle Bancorp, Inc. Announces Record Quarterly Earnings of $12.9 Million, With Assets Exceeding $3.9 Billion
GlobeNewswire - Tue Jul 22, 3:15PM CDT
Eagle Bancorp, Inc. (the "Company" (Nasdaq:EGBN), the parent company of EagleBank, today announced record quarterly net income of $12.9 million ($13.5 million operating earnings) for the quarter ended June 30, 2014, an 11% increase on a net income basis (16% on an operating income basis) over the $11.7 million net income for the quarter ended June 30, 2013. Net income available to common shareholders for the quarter ended June 30, 2014 increased 11% (16% increase on an operating basis) to $12.8 million ($13.4 million on an operating basis) as compared to $11.5 million for the same period in 2013. Net income per basic and diluted common share for the three months ended June 30, 2014 was $0.49 and $0.48, respectively ($0.51 per basic common share and $0.50 per diluted common share on an operating earnings basis), as compared to $0.45 per basic common share and $0.44 per diluted common share for the same period in 2013.
Commercial Banker Hermann X. Wendorff Joins Freedom Bank
Business Wire - Fri Jul 11, 8:13AM CDT
Freedom Bank of Virginia (Bank) (OTC.QB:FDVA) today announced the addition of Hermann X. Wendorff as Vice President, Corporate Banking Division. Mr. Wendorff will be based in the Fairfax office and joins the Bank from Robb Capital Associates, LLC, where he was a Vice President of Commercial Real Estate Finance. Prior to his joining Robb Capital, Mr. Wendorff was employed with Industrial Bank and Virginia Heritage Bank where he focused on all aspects of business development, relationship management, portfolio management, and underwriting for small-to-middle market C&I and CRE clients.
Virginia Heritage Bank Reports Continued Profits for 2013 and Expansion for 2014
Business Wire - Fri Jan 24, 5:00AM CST
Virginia Heritage Bank (OTCBB: VGBK), announced quarterly earnings of $2.5 million after taxes, or $0.40 per share (basic) and $0.39 per share (diluted), for the quarter ended December 31, 2013. This is a 38% increase compared to earnings of $1.8 million after taxes, or $0.40 per share (basic) and $0.39 per share (diluted), for the same period a year ago. For the year ended December 31, 2013, earnings were $9.0 million after taxes, or $1.70 per share (basic) and $1.65 per share (diluted) versus $7.6 million after taxes, or $1.70 per share (basic) and $1.68 per share (diluted), in 2012.
Virginia Heritage Bank appoints Alan G Drewer as chief real estate lending officer
M2 - Tue Sep 17, 6:22AM CDT
Virginia Heritage Bank (OTCBB:VGBK), a commercial bank, revealed on Monday that Alan G. Drewer joined as its chief real estate lending officer and will report to chairman and chief executive officer, David Summers.
Virginia Heritage Bank Hires Alan G. Drewer
Business Wire - Mon Sep 16, 4:55PM CDT
Virginia Heritage Bank (OTCBB: VGBK), recently announced Alan G. Drewer joined their company and will serve as Chief Real Estate Lending Officer. Mr. Drewer will report to David Summers, Chairman and CEO, and be responsible for real estate lending to the local business community with a special emphasis on commercial and residential construction financing. He will work out of their Tysons Corner main office and have a market responsibility within the Washington, DC, metro area.
Freedom Bank names Laura Powell as SVP of Corporate Banking Division
M2 - Thu Aug 08, 3:02AM CDT
Local community bank Freedom Bank of Virginia (Bulletin Board:FDVA.OB) on Wednesday named Laura L Powell as senior vice president (SVP) of Corporate Banking Division, based in its Fairfax office.
Commercial Banker Laura Powell Joins Freedom Bank
Business Wire - Wed Aug 07, 3:00PM CDT
Freedom Bank of Virginia (Bank) (Bulletin Board:FDVA.OB) announced the addition of Laura L. Powell as Senior Vice President, Corporate Banking Division. Ms. Powell will be based in the Fairfax office and joins Freedom Bank from Virginia Heritage Bank, Tysons Corner, Virginia where she was a Real Estate Loan Officer. Prior to Virginia Heritage Bank, Ms. Powell was employed with United Bank as Vice President and Branch Manager of the Bank's Fairfax City office.
Virginia Heritage Bank Announces Earnings for the Second Quarter 2013
Business Wire - Fri Jul 26, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced quarterly earnings of $2.5 million after taxes, or $0.55 per share (basic) and $0.54 per share (diluted), for the period ended June 30, 2013. This is a 29% increase over earnings of $1.9 million after taxes, or $0.44 per share (basic and diluted), from the same period a year ago. On a year-to-date basis, earnings were $4.5 million after taxes, or $1.01 per share (basic) and $0.98 per share (diluted) through June 30, 2013 versus $3.3 million after taxes, or $0.76 per share (basic and diluted) in 2012.
Virginia Heritage Bank's underwriters exercise their over-allotment option for 217,500 common stock
M2 - Thu Jul 04, 6:54AM CDT
A commercial bank, Virginia Heritage Bank (OTCBB:VGBK) stated on Wednesday that the underwriters fully exercised their option and purchased additional 217,500 shares of common stock from it, in the public offering of its 1,450,000 shares of common stock that closed on 21 June 2013.
Virginia Heritage Bank Announces Underwriter's Exercise of Over-Allotment Option
Business Wire - Wed Jul 03, 9:34AM CDT
Virginia Heritage Bank (the "Bank" (OTCBB: VGBK), announced today that in connection with its previously announced underwritten public offering of 1,450,000 shares of its common stock that closed on June 21, 2013, the underwriter exercised in full its option to purchase an additional 217,500 shares of common stock from the Bank. The Bank expects to receive aggregate net proceeds from the sale of the additional shares of approximately $2.9 million after deducting the underwriting discount, bringing the total net proceeds to the Company from the offering to approximately $22.0 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities.
Virginia Heritage Bank closes public offering
M2 - Mon Jun 24, 10:27AM CDT
A commercial bank, Virginia Heritage Bank (OTCBB:VGBK) closed its underwritten public offering of 1,450,000 shares of common stock at a price of USD14.25 per share, it stated on Friday.
Virginia Heritage Bank Announces Closing of Common Stock Offering
Business Wire - Fri Jun 21, 2:19PM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced today the closing of its underwritten public offering of 1,450,000 shares of its common stock at a price to the public of $14.25 per share, for aggregate gross proceeds of approximately $20.7 million. The net proceeds to the Bank after deducting the underwriting discount and estimated offering expenses are expected to be approximately $19.1 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities.
Virginia Heritage Bank Announces Pricing of Common Stock Offering
Business Wire - Wed Jun 19, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK) announced today that it has priced its underwritten public offering of 1,450,000 shares of its common stock at a price to the public of $14.25 per share, for gross proceeds of $20.7 million. The net proceeds to the Bank after deducting the underwriting discount and estimated offering expenses are expected to be approximately $19.1 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities.
Virginia Heritage Bank commences public offering of USD1.5m common stock
M2 - Thu Jun 06, 5:38AM CDT
Virginia Heritage Bank (OTCQB:VGBK), a commercial bank, began a public offering of 1,450,000 shares of its common stock through a firm commitment underwriting, it said on Wednesday.
Cardinal Financial Corporation Announces Plans to Acquire Gainesville Office of Virginia Heritage Bank
Business Wire - Tue Sep 02, 2:42PM CDT
Cardinal Financial Corporation (Nasdaq: CFNL) ("Cardinal" or the "Company"
, the holding company of Cardinal Bank, announced today that Cardinal Bank has signed a definitive agreement with EagleBank to acquire the current Gainesville, Virginia branch office of Virginia Heritage Bank. Eagle Bancorp, Inc. Announces Completion of Subordinated Notes Offering
GlobeNewswire - Tue Aug 05, 1:27PM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company"
, the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had completed the public offering and sale of $70 million of its 5.75% Subordinated Notes due September 1, 2024 (the "Notes" . The Notes were sold at par, resulting in net proceeds, after underwriting discounts and commissions, of approximately $69.2 million. Eagle Bancorp, Inc. Announces Pricing and Upsizing of Subordinated Notes Offering
GlobeNewswire - Thu Jul 31, 11:15AM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company"
, the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had set the price for its public offering of $70 million of its 5.75% Subordinated Notes due September 1, 2024 (the "Notes" . The Notes have been offered to the public at par. Based upon the pricing and demand for the Notes, the Company elected to increase the aggregate principal amount of the Notes to $70 million from the previously announced amount of $55 million. Eagle Bancorp, Inc. Announces Commencement of Subordinated Notes Offering
GlobeNewswire - Tue Jul 29, 6:40AM CDT
Eagle Bancorp, Inc. (Nasdaq:EGBN) (the "Company"
, the parent company of EagleBank, Bethesda, Maryland (the "Bank" , today announced that it had commenced a public offering of $55,000,000 of its Subordinated Notes, due September 1, 2024. Virginia Heritage Bank Reports Solid Second Quarter Earnings
Business Wire - Fri Jul 25, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced its financial results for the three and six months ended June 30, 2014.
CORRECTING and REPLACING -- Eagle Bancorp, Inc. Announces Record Quarterly Earnings of $12.9 Million, With Assets Exceeding $3.9 Billion
GlobeNewswire - Tue Jul 22, 5:05PM CDT
In a release issued under the same headline earlier today by Eagle Bancorp, Inc. (the "Company"
(Nasdaq:EGBN), the parent company of EagleBank, please note that in the Consolidated Average Balances, Interest Yields And Rates (Unaudited) table for the Three Months Ended June 30, 2014, the TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY Average Balance should read $3,853,441, not $38,534,441 as previously stated. Eagle Bancorp, Inc. Announces Record Quarterly Earnings of $12.9 Million, With Assets Exceeding $3.9 Billion
GlobeNewswire - Tue Jul 22, 3:15PM CDT
Eagle Bancorp, Inc. (the "Company"
(Nasdaq:EGBN), the parent company of EagleBank, today announced record quarterly net income of $12.9 million ($13.5 million operating earnings) for the quarter ended June 30, 2014, an 11% increase on a net income basis (16% on an operating income basis) over the $11.7 million net income for the quarter ended June 30, 2013. Net income available to common shareholders for the quarter ended June 30, 2014 increased 11% (16% increase on an operating basis) to $12.8 million ($13.4 million on an operating basis) as compared to $11.5 million for the same period in 2013. Net income per basic and diluted common share for the three months ended June 30, 2014 was $0.49 and $0.48, respectively ($0.51 per basic common share and $0.50 per diluted common share on an operating earnings basis), as compared to $0.45 per basic common share and $0.44 per diluted common share for the same period in 2013. Commercial Banker Hermann X. Wendorff Joins Freedom Bank
Business Wire - Fri Jul 11, 8:13AM CDT
Freedom Bank of Virginia (Bank) (OTC.QB:FDVA) today announced the addition of Hermann X. Wendorff as Vice President, Corporate Banking Division. Mr. Wendorff will be based in the Fairfax office and joins the Bank from Robb Capital Associates, LLC, where he was a Vice President of Commercial Real Estate Finance. Prior to his joining Robb Capital, Mr. Wendorff was employed with Industrial Bank and Virginia Heritage Bank where he focused on all aspects of business development, relationship management, portfolio management, and underwriting for small-to-middle market C&I and CRE clients.
Virginia Heritage Bank Reports Continued Profits for 2013 and Expansion for 2014
Business Wire - Fri Jan 24, 5:00AM CST
Virginia Heritage Bank (OTCBB: VGBK), announced quarterly earnings of $2.5 million after taxes, or $0.40 per share (basic) and $0.39 per share (diluted), for the quarter ended December 31, 2013. This is a 38% increase compared to earnings of $1.8 million after taxes, or $0.40 per share (basic) and $0.39 per share (diluted), for the same period a year ago. For the year ended December 31, 2013, earnings were $9.0 million after taxes, or $1.70 per share (basic) and $1.65 per share (diluted) versus $7.6 million after taxes, or $1.70 per share (basic) and $1.68 per share (diluted), in 2012.
Virginia Heritage Bank appoints Alan G Drewer as chief real estate lending officer
M2 - Tue Sep 17, 6:22AM CDT
Virginia Heritage Bank (OTCBB:VGBK), a commercial bank, revealed on Monday that Alan G. Drewer joined as its chief real estate lending officer and will report to chairman and chief executive officer, David Summers.
Virginia Heritage Bank Hires Alan G. Drewer
Business Wire - Mon Sep 16, 4:55PM CDT
Virginia Heritage Bank (OTCBB: VGBK), recently announced Alan G. Drewer joined their company and will serve as Chief Real Estate Lending Officer. Mr. Drewer will report to David Summers, Chairman and CEO, and be responsible for real estate lending to the local business community with a special emphasis on commercial and residential construction financing. He will work out of their Tysons Corner main office and have a market responsibility within the Washington, DC, metro area.
Freedom Bank names Laura Powell as SVP of Corporate Banking Division
M2 - Thu Aug 08, 3:02AM CDT
Local community bank Freedom Bank of Virginia (Bulletin Board:FDVA.OB) on Wednesday named Laura L Powell as senior vice president (SVP) of Corporate Banking Division, based in its Fairfax office.
Commercial Banker Laura Powell Joins Freedom Bank
Business Wire - Wed Aug 07, 3:00PM CDT
Freedom Bank of Virginia (Bank) (Bulletin Board:FDVA.OB) announced the addition of Laura L. Powell as Senior Vice President, Corporate Banking Division. Ms. Powell will be based in the Fairfax office and joins Freedom Bank from Virginia Heritage Bank, Tysons Corner, Virginia where she was a Real Estate Loan Officer. Prior to Virginia Heritage Bank, Ms. Powell was employed with United Bank as Vice President and Branch Manager of the Bank's Fairfax City office.
Virginia Heritage Bank Announces Earnings for the Second Quarter 2013
Business Wire - Fri Jul 26, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced quarterly earnings of $2.5 million after taxes, or $0.55 per share (basic) and $0.54 per share (diluted), for the period ended June 30, 2013. This is a 29% increase over earnings of $1.9 million after taxes, or $0.44 per share (basic and diluted), from the same period a year ago. On a year-to-date basis, earnings were $4.5 million after taxes, or $1.01 per share (basic) and $0.98 per share (diluted) through June 30, 2013 versus $3.3 million after taxes, or $0.76 per share (basic and diluted) in 2012.
Virginia Heritage Bank's underwriters exercise their over-allotment option for 217,500 common stock
M2 - Thu Jul 04, 6:54AM CDT
A commercial bank, Virginia Heritage Bank (OTCBB:VGBK) stated on Wednesday that the underwriters fully exercised their option and purchased additional 217,500 shares of common stock from it, in the public offering of its 1,450,000 shares of common stock that closed on 21 June 2013.
Virginia Heritage Bank Announces Underwriter's Exercise of Over-Allotment Option
Business Wire - Wed Jul 03, 9:34AM CDT
Virginia Heritage Bank (the "Bank"
(OTCBB: VGBK), announced today that in connection with its previously announced underwritten public offering of 1,450,000 shares of its common stock that closed on June 21, 2013, the underwriter exercised in full its option to purchase an additional 217,500 shares of common stock from the Bank. The Bank expects to receive aggregate net proceeds from the sale of the additional shares of approximately $2.9 million after deducting the underwriting discount, bringing the total net proceeds to the Company from the offering to approximately $22.0 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities. Virginia Heritage Bank closes public offering
M2 - Mon Jun 24, 10:27AM CDT
A commercial bank, Virginia Heritage Bank (OTCBB:VGBK) closed its underwritten public offering of 1,450,000 shares of common stock at a price of USD14.25 per share, it stated on Friday.
Virginia Heritage Bank Announces Closing of Common Stock Offering
Business Wire - Fri Jun 21, 2:19PM CDT
Virginia Heritage Bank (OTCBB: VGBK), announced today the closing of its underwritten public offering of 1,450,000 shares of its common stock at a price to the public of $14.25 per share, for aggregate gross proceeds of approximately $20.7 million. The net proceeds to the Bank after deducting the underwriting discount and estimated offering expenses are expected to be approximately $19.1 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities.
Virginia Heritage Bank Announces Pricing of Common Stock Offering
Business Wire - Wed Jun 19, 5:00AM CDT
Virginia Heritage Bank (OTCBB: VGBK) announced today that it has priced its underwritten public offering of 1,450,000 shares of its common stock at a price to the public of $14.25 per share, for gross proceeds of $20.7 million. The net proceeds to the Bank after deducting the underwriting discount and estimated offering expenses are expected to be approximately $19.1 million. The Bank expects to use the net proceeds of the offering for general corporate purposes, including the funding of organic loan growth, investment in securities and the potential pursuit of strategic acquisition opportunities.
Virginia Heritage Bank commences public offering of USD1.5m common stock
M2 - Thu Jun 06, 5:38AM CDT
Virginia Heritage Bank (OTCQB:VGBK), a commercial bank, began a public offering of 1,450,000 shares of its common stock through a firm commitment underwriting, it said on Wednesday.
